Daily Short Selling Pressure
GameStop Corp. (GME) continues to see heavy short selling activity, with the latest FINRA data reporting an off-exchange short volume of 2.6M shares. This results in an off-exchange short volume ratio of 71.8%, highlighting significant daily pressure from short sellers in the dark pool and off-exchange venues.
Official Short Interest
Official NYSE data reports short interest at 64.2M shares, representing 15.73% of the float. The short interest ratio (days to cover) stands at 11.46, suggesting that the high volume of short positions would take over 11 days to cover at current average daily trading volumes.
Key Takeaways
- Off-exchange short volume ratio is 71.8%.
- Official short interest is 64.2M shares.
- Short interest as % of float is 15.73%.
- Days-to-cover is 11.46, indicating high potential for volatility.
The Bottom Line
GameStop remains a focal point for short sellers, with high daily short volume ratios and a significant days-to-cover metric that keeps the stock in the spotlight for potential squeeze activity.
Signal data sourced from Fintel. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
Not investment advice. This is original reporting and analysis prepared by The Forensic Ledger from publicly available data. Nothing here is a recommendation to buy, sell, or hold any security. Always consult the original source and a licensed professional. See our full disclaimer and source-citation policy.